The book's findings suggest that China's state and domestic market institutions are ineffective, whilst the hybrids promise an alternative way to avoid the middle-income trap. By documenting how variation in China's institutional terrain impacts technological development, the book also provides...

Purpose – The purpose of this paper is to explore the limitations of the national system of innovation (NSI) approach in countries in developing economies with at best incomplete sets of market institutions. Design/methodology/approach – This paper employed a grounded theory approach using...

Purpose: To explore the limitations of the national system of innovation (NSI) approach in developing economies with at best incomplete sets of market institutions. Design/Methodology/Approach: This paper employed a grounded theory approach using semi-structured interviews to explore a case...

This paper evaluates the reasons behind the innovation successes and failures in the Taiwanese electronics industry by comparing the innovation outcomes for three products: CMOS logic, DRAM and AMLCD. The determining factors of success and failure are whether the products in which Taiwanese...

This chapter argues that the some of institutional arrangements that have propelled China out of poverty are now major obstacles to future technological and economic development. The two principal such obstacles are China's system of extreme financial repression supporting its large state-owned...